Graphene is a single, tightly packed layer of carbon atoms in the form of a hexagonal honeycomb lattice. It exhibits remarkable electrical conductivity and heat resistance. It is widely used in various applications, such as RFID, composites, sensors, research & development, energy storage, functional ink, and polymer additives. However, high price of equipment and technical limitation for commercial production are the major factors restricting the growth of the market. In addition, the health and environmental risks associated during production of graphene is high, as it is highly inflammable. Furthermore, increasing capital investment for strengthening R&D activities and focus on expanding production capacity would boost the market growth during the forecast period.